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by pibaker
34 days ago
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> Chattel slavery was exceptionally profitable. This isn't true on a societal scale even though a few slaveholders built a bunch of grandiose mansions. Enslaved people were less economically productive than free people. It also locked economies into less productive, lower sectors like agriculture. The South resisted industrialization despite it being more profitable because it was incompatible with an economy built on minimally skilled slaves. It was not profit that kept slavery alive well into the 19th century in the Americas and Muslim countries. It was something more sinister and evil. |
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